Life flexible premium adjustable life insurance is a group life policy that lets you adjust your coverage amount and change or skip premium payments, as long as the policy value …

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Life endowment insurance pays a benefit either if the insured person dies during the policy term or survives to the end of the coverage period. Understanding Life Endowment Insurance in …

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Liability is a financial obligation that requires a person or business to give up money, assets, or services in the future because of something that already happened. Understanding Liability in …

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Level premium insurance is a type of life insurance where the premium stays the same for the entire premium-paying period. Understanding Level Premium Insurance in Plain English Level premium insurance …

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A policy lapse happens when insurance coverage ends because the required premium wasn’t paid on time. Understanding What a Lapse Really Means In insurance, a lapse occurs when your policy …

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Kidnap/Ransom insurance helps cover ransom payments and related costs if someone is kidnapped, extorted, or held against their will. Kidnap/Ransom insurance may sound like something only large corporations or celebrities …

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Key-persons insurance helps protect a business financially if a critical employee or leader unexpectedly passes away. Running a business often depends on more than just products and profits. Many companies …

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A joint-life annuity pays income for as long as both people are alive, but stops when the first person passes away. A joint-life annuity can sound complicated at first, but …

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A Joint Underwriting Association (JUA) helps provide insurance coverage when risks are too large or unusual for one company to handle alone. Understanding a Joint Underwriting Association in Simple Terms …

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A joint and last survivor annuity is a retirement option that keeps paying income as long as at least one covered person is still alive. Understanding a Joint and Last …

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